Ford and Toyota are most likely able to achieve economies of scale by ________.

Question

Quizplus · Accepted Answer

Ford and Toyota are both large multinational corporations that are able to achieve economies of scale by serving global market segments. By operating in multiple countries and regions, they can spread their fixed costs over a greater volume of production, allowing for greater efficiency and cost savings. Additionally, they are able to leverage their global supply chains to source materials and components from a variety of suppliers, further driving down costs.

Ford and Toyota Are Most Likely Able to Achieve Economies